What recent supply says about when to list
If you are trying to decide whether to list now or hold off, my answer is to weigh your readiness against the amount of competition already on the market. In Northeast Colorado Springs, CO, supply stood at 2.38 months recently, and that market type was labeled seller's market.
Here is the constraint I plan around based on the previous 30 days supply stood at 2.38 months recently. That matters because lower supply can support seller leverage, but only if the home is priced and presented in a way that earns immediate attention. Looking at the latest numbers, the clearest signal was a typical asking price of $445,000 for active homes last month. This changes your plan because pricing near the market is more important than trying to float above it and hoping scarcity does all the work for you. A typical sale took 50 days last month, and recent closings landed at 99.3% of asking in Northeast Colorado Springs, CO. Get your prep done before you list. Tighten up repairs and presentation before photos. Launch with a price that can hold up against both active competition and recent closings. One very short rule be ready. I recommend listing when your home can compete on day one, not when you are still deciding which projects to finish. The seller advantage shown here is useful, but it is not a substitute for clean execution.
About Jennifer Persicke
Jennifer Persicke is a licensed Real Estate Professional affiliated with Persicke Homes, specializing in the Northeast Colorado Springs market. With a focus on strategic marketing and deep local knowledge, Jennifer Persicke provides clients with expert guidance in navigating complex real estate transactions. View full profile →
